Currency Bundling Aid

ABSTRACT

An aid for paper currency that is used in bundling pre-strapped currency comprising a rectangular base with two perpendicular parallel ends, wherein a receiving space is formed between the base and perpendicular ends to insert strapped currency enabled for bundling using rubber bands. With the aid, the receiving space formed is able to hold strapped currency in the center of the bills due to its resilient formation. A bundle of currency is formed, so that the straps of currency can be brought together, then the aid can be slipped away from the bundle-of currency formed and used again.

CROSS-REFERENCE TO RELATED APPLICATIONS

Not Applicable.

STATEMENT REGARDING FEDERALLY SPONSORED RESEARCH OR DEVELOPMENT

Not Applicable.

THE NAMES OF THE PARTIES TO A JOINT RESEARCH AGREEMENT

Not Applicable.

INCORPORATION-BY-REFERENCE OF MATERIAL SUBMITTED ON A COMPACT DISC

Not Applicable.

BACKGROUND OF THE INVENTION

1. Field of the Invention

This invention provides an aid, more particularly of the type commonlycalled a currency bundling aid.

2. Description of Related Art including Information Disclosed wider 37CFR 1.97 and 1.98

A bundle of currency consists of 1,000 notes of the same denomination inten equal straps of 100 notes each. The bundle must not contain mixeddenominations. Straps must be bound together, for example, with twotight-fitting rubber bands, such that the straps are securely heldtogether but not so tight as to cause damage to the notes.

The Federal Reserve Banks require Member Banks to bundle their shipmentsof currency when shipping ten straps of currency in a certaindenomination. This is awkward procedure to do with one person as thebundle created is large and securing a rubber band to both ends of diebundle is difficult as currency should be straight, and all comers andedges should be aligned. This aid would hold a bundle of currency inpreparation for securing the straps of currency together.

BRIEF SUMMARY OF THE INVENTION

This Invention will help solve the problem in keeping the bundletogether temporarily while the rubber bands are added to keep the bundlesecurely together. The aid would then slip away from the bundle afterthe rubber bauds are affixed.

BRIEF DESCRIPTION OF THE SEVERAL VIEWS OF THE DRAWINGS

FIG. 1 illustrates a three-dimensional view in the invention;

FIG. 2 illustrates a perspective view of the currency bundling aid usedin the bundling of pre-strapped currency with rubber bands.

DETAILED DESCRIPTION OF THE INVENTION

The detailed description set forth, below is intended as a descriptionof the aid and is not intended to represent the only forms in which theinvention may be prepared or utilized. It is to be understood, rather,that the same or equivalent functions may be accomplished by differentembodiments that are also intended to be encompassed within the spiritand scope of the invention.

Unless defined otherwise, all technical and scientific terms used hereinhave the same meaning as commonly understood to one of ordinary skill inthe art to which this invention belongs. Although any methods, devicesand materials similar or equivalent to those described can be used inthe practice or testing of the invention, the exemplary methods, devicesand materials are now described.

In order to further understand the goal, characteristics and effect ofthe invention, a number of embodiments along with the drawings areillustrated as follows:

Referring to FIG. 2, the invention provides a rectangular base with twoperpendicular parallel base ends, wherein a receiving space is formbetween the base and perpendicular ends to insert illustrated tencurrency straps (10) enabled for bundling with illustrated robber bands(20) fixed across the width of bundled currency, between width edges ofbase and length ends of bundled currency.

Having described the invention by the description and illustrationsabove, it should be understood that these are exemplary of the inventionand are not to be considered as limited by the foregoing description,but includes any equivalents.

STATEMENT: This substitute specification contains no new matter.

1. An aid for currency used in bundling strapped currency comprising arectangular base with two perpendicular parallel base ends, wherein areceiving space is formed between base and perpendicular ends to insertstrapped currency enabled for bundling using rubber bands fixed acrossthe width of bundled currency, between width edges of base and lengthends of bundled currency.